Creative Graphics Solutions India IPO Latest GMP (Image Source: iStockphoto)
Creative Graphics Solutions India IPO: In a bid to expand its operations, Creative Graphics Solutions India is set to launch its Initial Public Offering (IPO) valued at Rs 54.40 crores. The IPO, exclusively comprising 64 lakh fresh shares, has opened for subscription and today is the last day for subscription.
Creative Graphics Solutions India IPO Subscription Window
The Creative Graphics Solutions India IPO opened for subscription on March 28, 2024, with the closing set for today, April 4, 2024.
Creative Graphics Solutions India IPO Allotment Date
Creative Graphics Solutions India IPO is likely to be finalised on Friday, April 5, 2024.
Creative Graphics Solutions India IPO Listing Date
Creative Graphics Solutions India is set to list on the NSE SME exchange on Tuesday, April 9, 2024.
Creative Graphics Solutions India IPO Price Band
With a price band of Rs 80 to Rs 85 per share, the IPO presents an opportunity for investors to delve into the flexographic printing plates market. The minimum lot size for application stands at 1600 shares, requiring a minimum investment of Rs 136,000 for retail investors and Rs 272,000 for High Net Worth Individuals (HNIs).
Creative Graphics Solutions India IPO GMP
As per multiple websites that track the grey market premium activities, the shares of Creative Graphics IPO GMP are commanding a GMP in the price range of Rs 40 – Rs 50 in the unlisted market.
Corporate Capitalventures Pvt Ltd spearheads the book running lead manager role, with Bigshare Services Pvt Ltd acting as the registrar. Ss Corporate Securities assumes the pivotal role of market maker for the IPO.
Creative Graphics Solutions India was established in 2014 and was formerly known as Tanushii Industries Private Limited, specializes in the production of flexographic printing plates. Its product portfolio spans Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. Additionally, the company boasts two wholly-owned subsidiaries: Creative Graphics Premedia Private Limited and Wahren India Private Limited.
Creative Graphics Premedia Pvt Ltd, a subsidiary, extends premia services encompassing design customization and print production. Its clientele includes industry stalwarts such as ITC, TATA Consumers, MARS, Cavin Kare, Haldiram, Dabur India, KRBL, Himalaya, and Hamdard Laboratories, among others.